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Asking for a raise
pollyanna24
Posts: 4,391 Forumite
What's the best way to ask for a raise when it's not necessarily down to how great I am, haha?
I feel that I do my job well, but it is more the case that I haven't had a raise for the past four years and I believe some companies give an increment each year due to inflation or living costs.
I feel that I do my job well, but it is more the case that I haven't had a raise for the past four years and I believe some companies give an increment each year due to inflation or living costs.
Pink Sproglettes born 2008 and 2010
Mortgages (End 2017) - £180,235.03
(End 2021) - £131,215.25 DID IT!!!
(End 2022) - Target £116,213.81
Mortgages (End 2017) - £180,235.03
(End 2021) - £131,215.25 DID IT!!!
(End 2022) - Target £116,213.81
0
Comments
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A good time to bring it up would be at any annual performance review.
There isn't a 'right' to a raise (outside of NMW / NLW). Or a contractual agreement, but I assume you don't have that.
The only other card you have is - is it cheaper to pay you more than to hire someone as good as or better than you.0 -
A good time to bring it up would be at any annual performance review.
There isn't a 'right' to a raise (outside of NMW / NLW). Or a contractual agreement, but I assume you don't have that.
The only other card you have is - is it cheaper to pay you more than to hire someone as good as or better than you.
Thanks. Because I work for a sole practitioner, there doesn't seem to any rules for what to do. He is a good boss in general and yes, he could get someone cheaper, but I have been here almost 15 years and believes that he appreciates the work and loyalty.
Just feel awkward bringing the subject up when it is because of time rather than performance.Pink Sproglettes born 2008 and 2010
Mortgages (End 2017) - £180,235.03
(End 2021) - £131,215.25 DID IT!!!
(End 2022) - Target £116,213.810 -
pollyanna24 wrote: »Thanks. Because I work for a sole practitioner, there doesn't seem to any rules for what to do. He is a good boss in general and yes, he could get someone cheaper, but I have been here almost 15 years and believes that he appreciates the work and loyalty.
Just feel awkward bringing the subject up when it is because of time rather than performance.
Sure and sometimes in depth knowledge of a business is worth a lot.
If it's such a small environment you could suggest a quick chat to discuss it.
Something along the lines of: "My pay has stagnated for 4 years, whilst inflation rises; I'm now feeling the strain. Is there scope to increase my salary?"
If not, you would be best placed to look elsewhere.0 -
pollyanna24 wrote: »Thanks. Because I work for a sole practitioner, there doesn't seem to any rules for what to do. He is a good boss in general and yes, he could get someone cheaper, but I have been here almost 15 years and believes that he appreciates the work and loyalty.
Just feel awkward bringing the subject up when it is because of time rather than performance.
As an employer, I'd say n't be! It's reasonable enough after four years to ask as otherwise you are earning less and less. Your boss must know how much inflation has gone up over a period of four years.0 -
Thanks. I will ask at Xmas as that is when I usually ask. I asked two years ago and cos the business wasn't doing well, he said no.
But now almost another two years have gone past so...Pink Sproglettes born 2008 and 2010
Mortgages (End 2017) - £180,235.03
(End 2021) - £131,215.25 DID IT!!!
(End 2022) - Target £116,213.810 -
If wages rise in line with inflation, what kind of raise should I be asking for (I know inflation rates are prob all over the place, but is there a general rule)?Pink Sproglettes born 2008 and 2010
Mortgages (End 2017) - £180,235.03
(End 2021) - £131,215.25 DID IT!!!
(End 2022) - Target £116,213.810 -
pollyanna24 wrote: »If wages rise in line with inflation, what kind of raise should I be asking for (I know inflation rates are prob all over the place, but is there a general rule)?
In March this year we all got a 4% pay rise where I work0 -
Here you go http://www.in2013dollars.com/2014-GBP-in-2018?amount=100pollyanna24 wrote: »If wages rise in line with inflation, what kind of raise should I be asking for (I know inflation rates are prob all over the place, but is there a general rule)?0 -
pollyanna24 wrote: »If wages rise in line with inflation, what kind of raise should I be asking for (I know inflation rates are prob all over the place, but is there a general rule)?
Realistically, if you went for another job like the one you have now what salary could you hope to get?
Like you I once went 4 years without a salary increase so I went out and got myself a job that paid £5k more.
I didn't end up taking the job but it opened up my boss' eyes to my worth.
Bear in mind though you can only do this once!0 -
pollyanna24 wrote: »Thanks. I will ask at Xmas as that is when I usually ask. I asked two years ago and cos the business wasn't doing well, he said no.
But now almost another two years have gone past so...
Why not ask now, i don't see the benefit of putting it off until Christmas.
But i reckon the best time to ask for an inflation related rise is when he puts his prices up to keep up with inflation. It would be easy to justify an increase in pay after an increase in what he charges.0
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